Thème 3 - Governance and corporate social responsibility & TECHNICAL TERMS A conglomerate & COMMON TERMS * Common adjectives Differentiated EXERCISE There are specific challenges and strengths to family businesses. Question 1: Can you differentiate the pros from the cons in the following list? - Ownership stability - Succession disputes - Favoritism in the workplace - Strong commitment - Accept restrictions more easily - Loyalty including loyalty to a culture or a nation - Common values shared by all members - Mixing personal feelings and business interests - Lack of specific skills - Uniformity of thought ANSWERS Pros Ownership stability Strong commitment Accept restrictions more easily Loyalty including loyalty to a culture or a nation Common values shared by all members Succession disputes Favoritism in the workplace Mixing personal feelings and business interests Lack of specific skills Uniformity of thought Cons Un conglomérat Différencié 178